What do I need to do to prepare for Closing?
1. Scheduled a date and time for your settlement convenient to all attendees and have your real estate agent coordinate the closing with your title company.
2. Call our office one day prior to closing and we will provide you with the dollar amount you will need to bring to settlement. In the event we do not have figures from your lender and cannot provide you with an exact amount, you may refer to the Good Faith Estimate provided by your lender and use a personal check for any remaining balance due. Please make your certified or cashiers check payable to yourself.
3. Don’t make any large purchases prior to settlement because several of the lenders may verify your credit on the date of closing.
4. Don’t change employment during the settlement process.
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Frequently Asked Questions
- What is the Role of a Title Company?
- Why do I need a title search and what is involved in a title search?
- Why is it necessary to purchase Title Insurance?
- What do I need to do to prepare for Closing?
- What is a location survey and why do I need one?
- What is ground rent?
- How should we hold title to the property?
- More...
